Raiders Place Franchise Tag on Josh Jacobs

The Raiders have applied the franchise tag to running back Josh Jacobs, as expected.

The Raiders have officially put the tag on Jacobs today, according to Ian Rapoport of NFL Network.

If Jacobs wants to play on the one-year franchise tag, he can sign it at any time and have a guaranteed $10.091 million dollars for the 2023 season.

Josh Jacobs and the Raiders can negotiate a long-term contract until the July 15 deadline. After that, Jacobs could only play the 2023 season on a one-year deal.

A first-round pick in 2019, Jacobs is a free agent because the Raiders declined to pick up his fifth-year option. But after Jacobs led the NFL with 1,653 rushing yards and 2,053 yards from scrimmage last season, it became clear that the Raiders would like to keep Jacobs around.

The silver and black have a hole at the quarterback position that needs to be filled, so keeping Jacobs around will be key for building next season.

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